Dolan, who is on a four-day visit to India, said demonetisation has impacted sales of alcoholic drinks, and allowing sale of alcoholic beverages at grocery stores and on e-commerce sites would spur growth.

I think in terms of consumption, yes there has been a little bit of slowdown but I think that is not do with the aspiration of a customer coming down in terms of upgrading their lifestyle to better clothing.

"Poke Me" is a Saturday edit page feature in The Economic Times. This feature appears first every Wednesday morning on www.economictimes.com. Best comments from readers will be reproduced on the edit page of the Saturday edition of the newspaper. So be poked and fire in your comments to us right away.

A Smart, prompt and uptodate policy making mechanism is a need to leverage domestic manufacturing units and discourage dumping policy of China like country. Redundant formalities and prolonging behaviour in beaurocracry has caused to decline several MSMEs which playing a pivotal role in country''s economy.

Narendra Bhandari

That is how our govt worked for all these years. No one had the vision for the situation to arise. Every one thought of themselves how to exploit. Now the Modi govt wants to mend but there is very little support. China took advantage.

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“there are so many projections going around in the social media like whatsApp, face book praising the demonetisation, praising the growth, praising the Govt action, some one telling that by 2017 Mod...”commented Mithilesh Kumar09 Dec, 2016 10:24 PM ISTIndustrial production shrinks 1.9% in OctoberPost Your Comment